The four quarter of 2016, a gorgeous caprolactam market rise, and all the years of losses decadent trend, industry profits hit record highs, but in 2017, caprolactam market gained momentum blocked, inside trading atmosphere light, the Spring Festival after the caprolactam market is also worth looking forward to?
2016 is the rapid development of the caprolactam industry a year, new capacity hard end production, new capacity will continue to radical future; caprolactam market in 2016 is a very unusual year, the market price is a continuation of the 2015 first decadent trend, then the year after the end of the shock, finally “soaring”, industry profits are finally losses for profit.
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The second half of 2015, caprolactam market plunged, in and around the lunar new year, hit a record low, industry losses reached 2000 yuan / ton, “buy or not to buy up” mood, downstream enterprises stocking before the Spring Festival, the festival returned enterprises procurement of raw materials, resulting in the first half of 2016 the market of caprolactam the overall showed a moderate rising trend.
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second half caprolactam The market is not really appear trivial. By July, August caprolactam The factory turns overhaul, influence of operating load and the decline of the G20 summit, the floor price rose nearly 2000 yuan / ton range, while the G20 terminal after the summit, the textile industry finished inventory and inventory of raw materials are low, and the downstream nylon chips Market, from October to early losses continued to push up, digest a lot of the inventory of raw materials, the caprolactam The market supply situation, come again at the end of October, coupled with the substantial increase in raw material benzene shortage and price, so the downstream demand, and the cost of supporting the strong side, lit again caprolactam The rise of the market enthusiasm. 11, December, caprolactam Market prices continue to brush nearly two years since a new high, the industry also gradually increase in profits.
According to statistics, in 2016 China’s total production capacity of caprolactam in 2 million 630 thousand tons, the effective production capacity at 2 million 350 thousand tons, production capacity is only 300 thousand tons, but in 2017 the new caprolactam production capacity at 600 thousand tons, is expected in 2017 will be a year of rapid development of caprolactam industry, supply will be more adequate, price competition will be more intense.
But after the return, the market trend of caprolactam industry by supply and demand a greater impact, influence the capacity of the new temporary co..
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The four quarter of 2016, caprolactam market price all the way “, and the limited supply stride forward singing militant songs”, so the amount of stock less downstream before the spring festival. After the holiday, caprolactam plant operating rates remain low in many, floor supply or remain tight situation, coupled with the benzene market focus or remain strong, the cost of support can be expected, after the return, caprolactam market temporarily wait-and-see consolidation, with lower purchasing motivation, market focus or steady run stronger.
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